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Feb 23, 2013
02/13
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if, in fact, this does not -- the sequester comes through and the economy gets into trouble, next year we go to the midterm votes, do you think voters will look back and say, it was the republicans' fault? or do you think by then it will be the usual equation of, you're the party in charge, democrats, the economy's failing again, it's your fault, you pay? what do you think? >> i think the real fight is going to be over the continuing resolution. if there's a government shut-down, and if then there is an economic weakness, then i think it's very hard to tell. republicans might take a lot of blame for that. >> daniel, one quick question. if this happens, is it enough to push us substantially toward recession? >> i don't think it's going to be recession. but we could lose between 700,000 and 1 million jobs according to estimates published in "washington post" today. that is a big chunk out of the job creation that bewe're expecting, 25% of it. >> thanks so much for being here. this story's not going anywhere. >>> the justice department says lance armstrong defrauded the government out of
if, in fact, this does not -- the sequester comes through and the economy gets into trouble, next year we go to the midterm votes, do you think voters will look back and say, it was the republicans' fault? or do you think by then it will be the usual equation of, you're the party in charge, democrats, the economy's failing again, it's your fault, you pay? what do you think? >> i think the real fight is going to be over the continuing resolution. if there's a government shut-down, and if...
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Feb 22, 2013
02/13
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. >> our economy is adding jobs but too many people still can't find full-time employment. >> when president obama took office, 134 million americans were working in nonfarm jobs. today, after massive losses and a slow recovery, we're only 1.2 million jobs better off. and many pay less than those that were lost. recent study by the center for college affordability found almost half of college graduates are now in jobs that do not require four-year degrees. things like janitorial services, taxi driving and retail sales. professor richard vedder at ohio university helped author that study. >> let's say each one of them were making $20,000 a year more in income, which is quite plausible. we are talking about $400 billion a year in lost wages. >>> numbers like that made some economic analysts argue that underemployment may be every bit as damaging to the economy as unemployment. and kellock irvin is caught in the middle of it all. for now he takes freelance jobs as a photographer and part-time work with moving companies. but -- >> that can only support me so long before i need to head home. >> h
. >> our economy is adding jobs but too many people still can't find full-time employment. >> when president obama took office, 134 million americans were working in nonfarm jobs. today, after massive losses and a slow recovery, we're only 1.2 million jobs better off. and many pay less than those that were lost. recent study by the center for college affordability found almost half of college graduates are now in jobs that do not require four-year degrees. things like janitorial...
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Feb 20, 2013
02/13
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> so there are two solutions. number one, lawmakers find another way to punt, ie delay the cuts for another month. or two come up with a major plan to slash the debt in this country. number two is not going to happen. the punt and pay, i kind of like it. that is not going to happen. number one haze decent chance but number one is a fail too. after all, the feared forced cuts are 2.5% of projected total federal spending. we have an economics professor at nyu and former director of the congressional budget office. at this point, are the cuts inevitable? why is the president still talking about it? >> well, we're ten days away and it seems like the republicans really don't want to do anything to fend off this crisis. you said sequester is an odd word. in a lot of languages, it means kidnap. it's sort of a kidnap situation because the economy is kidnapped,
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> so there are two solutions. number one, lawmakers find another way to punt, ie delay the cuts for another month. or two come up with a major plan to slash the debt in this country. number two is not going to happen. the punt and pay, i kind of like it. that is not going to happen. number one haze decent chance but number one is...
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Feb 22, 2013
02/13
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answers. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> the academy awards are a few days away, a lot of fun this weekend. but we wanted to bring you an idea that's not only saving lives, it just might also take home an oscar. her smile is changing the course of a nation. >> it was a very striking picture, of this girl and she was suffering from rheumatic heart disease which is a completely preventible disease, which comes from untreated strep throat, and i wanted to meet that girl from that photo. she just had such a sweet face. >> it was angilique's sweet face that led the director to learn more about a disease that affects children in africa every year. >> this disease is unfair disease. people shouldn't be dying from such a preventative disease that comes from strep throat. it's ridiculous actually. >> so ridiculous he decided to take action. the director flew a small film crew in to rwanda to show how difficult this disease is. >> i had to take a crew that could potentially handle seeing a child d
answers. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> the academy awards are a few days away, a lot of fun this weekend. but we wanted to bring you an idea that's not only saving lives, it just might also take home an oscar. her smile is changing the course of a nation. >> it was a very striking picture, of this girl and she was suffering from rheumatic heart disease which is a completely...
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Feb 21, 2013
02/13
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labor secretary to bill clinton and author of "beyond outrage," what's gone wrong with our economy and how to fix it and ari fleischer, former white house press secretary under george w. bush. all right, let's get some action here. robert, the white house responded to john boehner's challenge of saying, where are the cuts, with a blog post from dan pfeiffer who wrote, "the fact is, the president has a detailed balanced plan with spending cuts, he's willing to make tough choices. now it's time for the speaker to do the same." then he had a link to an 80-page proposal from september, including war savings, it includes tax reform, which of course they want. it doesn't fully lay it out by any stretch of the imagination. so jay carney was asked what specifically will the white house cut and here's what jay carney said. >> it's in the proposals he submitted to the speaker of the house that the speaker walked away from -- >> where does the president prevent sequestration from happening? shouldn't the president take the lead and present that -- >> well, first of all, congress has to act. >> al
labor secretary to bill clinton and author of "beyond outrage," what's gone wrong with our economy and how to fix it and ari fleischer, former white house press secretary under george w. bush. all right, let's get some action here. robert, the white house responded to john boehner's challenge of saying, where are the cuts, with a blog post from dan pfeiffer who wrote, "the fact is, the president has a detailed balanced plan with spending cuts, he's willing to make tough choices....